OppLoans Reviews – OppLoans Pre Approved Offer vs Payday Loans


opploans review

OppLoans My Offer

  • Billed as a better personal loan
  • Checking your offer will not affect your FICO score
  • Apply at www.opploans.com/myoffer
  • Generally speaking loan amounts range from $500 to $5,000

Please note you must be 18 years of age or older and a legal resident of the United States.

Loan amounts higher than $5,000 can be requested and approved on a case by case basis.

OppLoans provides access to credit products to consumers throughout the United States through its partnership with FinWise Bank.

OppLoan Approval By State

OppLoan lender area is limited to the following states…

  • Alabama
  • Alaska
  • Arizona
  • California
  • California
  • Delaware
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Mexico
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Washington
  • Wisconsin
  • Wyoming

Sadly, if you do not live in one of the states above you do not qualify for an OppLoan 🙁


Payment Flexibility Options

  • Offers to refinance after on-time payments
  • Payment date can be changed online

The repayment schedule is listed as 5 to 24 months; weekly, biweekly, semi-monthly, and monthly.

If there is an error associated with your credit report when applying for an OppLoan please write to “OppLoans ATTN: Resolutions Department 130 East Randolph Street, Suite 3400 Chicago, IL 60601”.

You can also email the resolutions department at resolutions@OppLoans.com.

www.opploans.com/myoffer today

OppLoans.com/MyOffer Reviews

  • NerdWallet calls OppLoans “a last resort in a true emergency after you’ve exhausted other options”… ouch!
  • CreditKarma: 4.5 out of 5 based on ‎153 votes
  • SuperMoney: Rating: 87% based on ‎461 votes
  • BestCompany.com: “his lender is definitely recommended for consumers in need of the short-term financial assistance a personal loan offers, especially if they have less-than-perfect credit. Although OppLoans has fairly high-interest rates, they are very low compared to others in the payday lending world

When checking reviews online OppLoans was a mixed bag.

Explaining Installment Loans

Before applying for any loan it is important to understand what type of financial service you are receiving.

Installment loans are specifically meant for short term funding needs.

These are not alternatives to long term loan options.

Installment loans are quite different than payday loans.

In the past, payday loans have rightfully been labeled as one of the worst financial lending services available to consumers.

Payday loans can result in astronomical fees and interest rates (interest rates can be in excess of 400%).

Installment loans, on the other hand, provide a similar service but without many of the fees and charges found with payday loans.

There are many reasons to get an installment loan but it is important to note that these loans are typically considered when other options are not available.

Opp Loans are available for people of all credit.

The best part of the service is that no credit check is required to apply for the loan.  Credit checks can have a negative impact on your credit score.

Additionally, this means that Opp Loans are going to be available for many consumers even if your credit is not great.

If you have decided that an installment loan is your best choice for short term funding you should make plans to attempt to pay your loan back as quickly as possible.

It is also important to make sure that you do not miss payments.

Opp Loan installment loans have interest rates which range from 59% to 199%.

For this reason, these loans should be considered when other options are not available.

Opp Loans offers very available finance without the burden of a credit check to apply.

OppLoans Phone Number: 1-800-990-9130OppLoans Customer Service

  • Mailing address: 130 E Randolph St, Suite 3400 Chicago, IL 60601
  • Email: info@opploans.com

OppLoans Requirements

  • Must be 18 years of age or older
  • Must have a monthly income of $1,500 or more
  • Have a good standing bank account in your name with 40 days of history
  • Receive your paychecks through direct deposit
  • Must have a job (self-employment does not qualify)

Any questions in regards to opploans.com/myoffer can be directed to 855-408-5000.

OppLoans My Offer Final Verdict

Based on a variety of reviews and conducted research we would have a tough time recommending OppLoans.

We feel if you’re in need of a personal loan there are better options available (i.e. Barclays Personal Loan Offer).

OppLoans Personal Offer


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